Sisi: State seeks to develop weaving, textile factories
Tuesday، 16 April 2019 - 01:49 PM
President Abdel Fattah El Sisi stressed that the State is keen on developing the weaving and textile factories affiliated to the public business sector via benefiting from the expertise of major international firms in this domain.
The State's development plan includes raising the efficiency of the current machines according to the best technical and financing offers, Sisi said during a meeting held on Monday 15/4/2019 with Prime Minister Moustafa Madboli and the Minister of Public Business Sector Hisham Tawfik in the presence of chairmen of a host of international companies specialized in manufacturing weaving and textile equipment.
The chairmen of the foreign firms hailed the State's ambitious plan to revive the weaving and textile industry within the framework of the country's comprehensive development endeavors, said presidential spokesman Bassam Rady.
They also expressed keenness on increasing their business in the Egyptian market in light of the growing economic development currently witnessed by Egypt.